Whether it is because of the need to replace equipment used in the Iran conflict, or the increasingly dangerous geopolitical situation, or European plans to build up defense capabilities less reliant on the U.S., the armaments sector seems set to rapidly expand for quite some time (at least — and this is a not insignificant at least — if stretched budgets can find room for it).

And so it’s worth noting comments by Roberto Cingolani, the CEO of Leonardo, a large, partly state-owned Italian defense company which is active supplying countries in the Gulf, including radar systems and ship-mounted cannons used ...

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